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Entra

Capital/Financing Update Oct 3, 2018

3596_rns_2018-10-03_29c1638c-ed5d-456c-9430-fa8cb9bf04d6.html

Capital/Financing Update

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Entra ASA : Assigned Moody's Investment Grade Rating Baa1, Stable Outlook

Entra ASA : Assigned Moody's Investment Grade Rating Baa1, Stable Outlook

Moody's Investors Service ("Moody's") has today assigned a first-time Baa1 long-

term issuer rating to Entra ASA. The outlook on the rating is stable.

Entra ASA's Baa1 long-term issuer rating reflects (1) its position as the

largest office property company in Norway, (2) its leadership  position in

office properties located in attractive locations on the fringe of the central

business district (CBD) in Oslo, (3) its modern, high-quality NOK 43.7 bn

property portfolio, (4) a clear, well-defined strategy to focus on offices in

Norway's four largest cities and government tenants, (5) the large exposure

towards highly creditworthy governments and public tenants with very long dated

average lease maturities (7.4 years including project properties as of June

2018) and consistently high occupancy rates across all cities, and (6) good

liquidity and high unencumbered asset ratio of 89.3%.

For further queries please contact: Anders Olstad, CFO, tel: +47 900 22 559,

email: [email protected]

This information is subject of the disclosure requirements pursuant to section

5-12 of the Norwegian Securities Trading Act.

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